Technical analysis by observingthetrade about Symbol ALGO: Buy recommendation (11/11/2023)

Algorand is at a historic moment regaining the 13.5 cent support area. Weekly & Monthly chart are showing potential for a big rally. This coins ATH is $3.15 or 23x the current price. Take a look at that squeeze on the Bollinger Bands! Price has been very suppressed on this project if you look at the larger timeframes. The boom/bust cycle symmetry is there and there is now potential for exponential growth! TV please don't delete my post! This chart has the potential to age very well! Always invest at your own risk! Im basing this trade over the next 3 to 12 months. Don't sleep on Algo!